Homework on Provenance - Questions

Blockchain and Bitcoin 101
#4921
  1. How does blockchain enable digital provenance?
    Because all the information is on a (public) ledger, where it is possible to track all (trans)actions. It is not possible to adjust information that has been added to the ledger.
  2. Why doesn’t a normal database bring the same provenance?
    Because a normal database is not a public database that is open for everybody and because in a normal database it is possible to erase or edit data. In a public ledger that is not possible.
  3. Why is digital provenance such a great benefit to many businesses?
    Because you don’t have to trust some company, but you can verify everything.
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#4922

[quote=“ivan, post:1, topic:8423”]

  • How does blockchain enable digital provenance?
    By providing immutable track of data and counting on multiple blocks to verify validity of data

  • Why doesn’t a normal database bring the same provenance?
    Databases can be manipulated. There is no guarantee the data on traditional databases are authentic.

  • Why is digital provenance such a great benefit to many businesses?
    Businesses can verify whatever it is they need to verify without a need to trust anyone. They can verify the data on the blockchain to see , for example, how their purchased items were shipped/produced, what the food they ordered contains etc. They don’t need to trust anyone they can verify with data in blockchain

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#4923

Homework on Provenance - Questions

  1. How does blockchain enable continuity of digital provenance?
    Digital provenance is enabled by a blockchain ledger as a time-stamped, alterable-by-none, available-to-all, consisting of data sets and systems of data sets, which, by the Order of Truth includes all of the community, and by the Order of Good Will, embraces all of the community, and is never exclusively available to particular sub-sets of the community

  2. Why doesn’t a normal database bring the same provenance?
    A normal database does not bring the same provenance because it is alterable at all levels of interaction in the contract, to supply and report data which includes the first data entry event, or act (as the first act of the creation of the blockchain), the last data entry event, and all intermediary data entry events into the blockchain (which corresponds to the subsequent growth of the blockchain).

The final entry, which denotes the closing of the blockchain creation, corresponds to the sealing of the contract-in-trust from the front end to the back end of such contract.

  1. Why is digital provenance such a great benefit to many businesses?
    Digital provenance is such a great benefit to many businesses because it is the provider of equality of truth in interaction. It is mightier than dependency upon trust-in-fallacy, the deception-in-alterability, and misrepresentation in false and deceptive-advertising, which are the vehicles of the dishonorable holder of the other side of a contract, be it implied or written.
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#4924

  1. Blockchain enables digital provenance by ensuring every transaction is public and therefore auditable.

  2. A normal database relies on trusting the entity controlling the database, who has the ability to change the data at will, while the data on the blockchain is immutable.

  3. Because a lot of trade relies on trust which results in inconsistencies in supply and inability to verify. Digital Provenance would allow businesses to verify the provenance of something without having to trust the supplier.

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#4925
  1. Blockchain enables digital provenance by leaving behind a digital trail from the day of the genesis block that can be viewed publically.
  2. A normal database does not provide the same provenance because unlike the blockchain it is highly susceptible to integrity loss due to hacks or other forms of malicious action. The blockchain transactions cannot be erased or changed.
  3. Digital provenance is a major benefit to businesses because it allows them to access transaction flows in real time, whenever they wish to view it.
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#4926
  1. How does blockchain enable digital provenance?
  2. Because you can track from where the item has started began and how it moves and where it goes. And all this information will be on the blockchain on the nodes.
  3. Why doesn’t a normal database bring the same provenance?
  4. because you cannot have continious auditing. And Verification of an item. or safe keeping of the information.
  5. Why is digital provenance such a great benefit to many businesses?
  6. Because you can track items, things on a realtime basis. and you history of where and what is used.
    i answerd this many moons ago … :slight_smile:
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#4927

It enables the tracking of all transactions and can be used to trace the origin and trails of products. It can create a trustless environment where things are verified and there is no need to put trust in a company.

A normal database doesn’t have the same level of validity that a blockchain has. All transactions are verified whereas a normal database you assume everything is correct.

It enables businesses to have users have full belief in their products or services as everything can be verified on the blockchain.

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#4928
  1. By having written all transactions in digital stone, you can track every current transaction back to it‘s origin, so full transparent
  2. No because accounting and transactions are not connected
  3. real time auditing is huge advantage, also good‘s provenance can be tracked, i.e. food ingredients
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#4929
  1. Blockchain is a database/ledger which stores transactional records with no single authority, guaranteeing security and transparency

2.Normal databases can be accessed to input records and manipulated causing mistakes and fraud

  1. The financial process will be more efficient and truthful, saving resources plus time which can be used in other sectors, boosting overall productivity of the business
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#4930

  1. How does blockchain enable digital provenance?
    Blockchain enables provenance by being a ledger in which all the transactions made can be tracked

  2. Why doesn’t a normal database bring the same provenance?
    A normal database can’t bring the same provenance because it can’ t be verified or trust very easy and this is the result of having the accounting layer separate by the transactions layer .

3.Why is digital provenance such a great benefit to many businesses?
Digital provenance bring benefit to many businesses by letting all the partners or clients to verify the end product and all the materials or the production costs involved

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#4931
  1. How does blockchain enable digital provenance? It establishes a transparent display of all data/transactions that can be verified.
  2. Why doesn’t a normal database bring the same provenance? Normal databases can have items added or removed from the ledger, but you can only add data to the ledger in the blockchain, nothing is ever removed. This adds another layer of transparency to the network.
  3. Why is digital provenance such a great benefit to many businesses? In a world where no one trusts anyone anymore, businesses can reassure consumers, stockholders, employees, and business partners that everything is transparent and verifiable on the blockchain removing the tendency to doubt or deceive.
2 Likes
#4932
  1. How does blockchain enable digital provenance?
  • Since all information is made available on the blockchain, tracking and verifying is made easier due to full transparency.
  1. Why doesn’t a normal database bring the same provenance?
  • A normal database can be managed by an individual, organisation, or government which means information can be amended before releasing to the public or even not released for the public to view.
  1. Why is digital provenance such a great benefit to many businesses?
  • From a consumer’s viewpoint, it builds trust and reputation which means a possible increase in sales or increase in usage of their services.
  • From another organization’s viewpoint, this can lead to a healthy competition among each other, good ideas may be used and modified to fit the organization and mistakes can be used as a learning tool and chance to improve or avoid it from repeating.
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#4933

  1. As a cryptographically secured, shared data layer, blockchain technology has the potential to help build trust, transparency, and accountability between disparate entities. These properties mean that participants in the blockchain are able to trace the provenance of data or transaction.

  2. Traditional Databases use client-server network architecture where a user can modify data that is stored on a centralized server. Irrespective of their structure a single authority controls the database and authenticates a client’s credentials if they want to access it. If the security of the single authority is compromised, the data can be altered or deleted.

  3. Most of the products we buy aren’t made by an individual company, rather by a chain of suppliers who sell their components (e.g., wood for furniture) to a company that assembles and markets the final product. The problem with this system is that if one of these components fails it has a ripple effect down the supply chain. Using blockchain technology is proactively providing digitally permanent, real time audit-able records that show stakeholders the state of the product at each step of the way.

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#4934
  1. Writeable but not erasable database
  2. In a normal DB is possible to read/write/remove
  3. Trustless, auditable and traceable transactions
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#4935

How does blockchain enable digital provenance?

The blockchain which is also called a public ledger stores and tracks every transaction. No info can be removed, info can only be added to the blockchain. The verification is actioned through a decentralized network over the internet spread out across many systems around the globe, all with a copy of the public ledger.

Why doesn’t a normal database bring the same provenance?

The normal database is not decentralized therefor it can be tempered with, the normal database also does not bring the accounting and transaction together in the same place but treats the two separately making it less efficient.

Why is digital provenance such a great benefit to many businesses?

Businesses not using digital provenance rely on info which is based on trust without verification. On the blockchain this does not apply, as the system is trustless and all info can be tracked and verified through math’s, making the businesses more credible and transparent.

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#4936
  1. Since blockchain is public all transactions can be tracked in real time.

2.Normal database can be hacked, erased and altered. It is based on trust.

  1. That way businesses know what they get. They can track all the ingredients. It’s not based on trust. They can verify.
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#4937
  1. How does blockchain enable digital provenance?

You can trust the block chain because it is public and traceable. It is a transparent method of viewing and tracking actions that are placed on the blockchain.

  1. Why doesn’t a normal database bring the same provenance?

The normal database does not have provenance because the database is not transparent. The normal database can be changed. The normal database can be corrupted and really cannot be trusted.

  1. Why is digital provenance such a great benefit to many businesses?

Digital provenance is a great benefit to normal business because it will allow a business to trace and track where something has been with transparency. With transparency, a company can easily verify and have trust that the information or data that is being verified is accurate.

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#4938

  1. How does blockchain enable digital provenance?
    Digital provenance or origin trail makes it possible to audit all transactions in real-time. Anyone can see the transactions on a public network. Blockchain enables transaction tracking. In addition to transaction tracking, we can also trace, for example, the origin of the materials used in a process of building a product, where the product was made … This will make business more efficient.

  2. Why doesn’t a normal database bring the same provenance?
    There is trust involved in the blockchain process. With companies using centralized databases, there is a great chance of manipulation, so you can not trust the data in the same way as you would if it was written in a decentralized one.

  3. Why is digital provenance such a great benefit to many businesses?
    Audits can be done by anyone and in real-time. Ingredients, materials of your product can be tracked, which is good for customers/buyers. Now we have to trust the companies that the ingredients are real and in compliance with laws and production ethics. Later with blockchain usage going up, we will see transparency. It will bring efficiency for the companies. Maybe we would have to ask companies if they want to disclose the partners using trustless technology because all secrets behind the supply chain can be revealed.

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#4939

  1. Blockchain takes the need for “Trust” out of the equation. Everything is on the blockchain, so there’s no need for Trust anymore. Everything is laid out and stored on the blockchain. It’s either there, or it’s not. Plain and simple.

  2. A normal database doesn’t bring the same provenance because there’s no way of telling exactly what is/isn’t on that database. You have to rely on “Trust” that it is (or isn’t)

  3. Digital provenance is a great benefit to many businesses because information is exact, easily accessible, and flawless to audit while being able to be audited instantly.

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#4940 
How does blockchain enable digital provenance?

All the different smaller parts (origin, manufaturing, quality,…) of the the final product can be retraced via blockchain. As for art and NFTs it’s important to get the right verification if it’s autentic. This can be seen on the blockchain, for it’s a unique element.

Why doesn’t a normal database bring the same provenance?

With blockchain you can’t temper with previous blocks, so you know the chain is legit. With an database you can temper, because you can copy the data and replace the date in it as you like.

Why is digital provenance such a great benefit to many businesses?

They can retrace source, value, history of ownership,…

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